Trump tariffs struck down by US Supreme Court: How much has been refunded so far
- The US government has refunded tens of billions of dollars in collected tariffs after the Supreme Court struck down a major portion of President Donald Trump's extra tariffs ordered, marking a significant setback for one of his flagship economic policies.
- Newly released Treasury budget figures show the refunds surged following the court's ruling, wiping out much of the revenue generated by the contested tariffs.
- According to US budget data released on Monday, the government has paid $81 billion in tariff refunds during the current fiscal year, which began in October 2025, compared with $5 billi
Confirmed
- The US government has refunded tens of billions of dollars in collected tariffs after the Supreme Court struck down a major portion of President Donald Trump's extra tariffs ordered, marking a significant setback for one of his flagship economic policies.
- According to US budget data released on Monday, the government has paid $81 billion in tariff refunds during the current fiscal year, which began in October 2025, compared with $5 billi
Unverified
- Newly released Treasury budget figures show the refunds surged following the court's ruling, wiping out much of the revenue generated by the contested tariffs.
Sources: The Independent, Times of India